WAAREE RENEWABLE TECH LTD·SOLAR ENERGY 24.18·Electrical Equipment Companies

2026-10-22 NSE BSE Web Result 19 Oct

Price

718.95

-3.27%
O:735.5
H:739.55
L:715.5
C:718.95

52W Range

715.51358
+0%/-47%

Market Cap

₹7,504.34 Cr

Traded: ₹25.37 Cr (0.34%) 0.0x

Free Float: ₹1,710.99 Cr (1.48% of FF traded)

Volume · 60D trend

3.5 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-11% 3M:-18% 6M:-26% 12M:-21%

RS Score

SEEM
NOUS
BNF
SMA Score

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Valuation

P/E16.1
P/B6.7
P/S1.9
EV/EBIT15.8

Business Strength

ROE67.5%
ROCE84.5%
OPM19.2%
NPM14.4%

Growth (3Y CAGR)

EPS+108.7%
Sales+112.0%
Profit+105.0%
3Y Return+86.0%

Balance Sheet

Debt/Equity0.1
Debt82 Cr
Pledge0.0%
CWIP/Fixed Asset65.4%

Cash Position

CFO/NP59.9%
FCF164 Cr
FCF 3Y Avg483 Cr
Cash/MCap2.0%

Others

Div Yield0.1%
Div Payout0.0%
Cash Conv. Cycle37 days
Tradeable Free Float22.8%
WAAREERTL718.95 -3.27% NSEBSE20% 19 Oct
NOUS
BNF
MCap7.5K Cr
Vol3.5 L
RVol
Del%
TVal25.37 Cr
RS
SEEM

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 77.12 Cr
4.51% FF
60d high
₹ 94.26 Cr
60d low
₹ 76.02 Cr
60d mean
₹ 83.33 Cr
vs mean
▼ 7.44%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
--
+71.0%
+70.0%
--
--
Decelerating
Return
+87.0%
+145.0%
+86.0%
+1.0%
--
Decelerating
Sales
--
+203.0%
+112.0%
--
+109.0%
Decelerating
Profit
--
+190.0%
+105.0%
--
+108.0%
Stable

Quarterly Results

Sep 2026

19 Oct
Rev
▲1.1K Cr
+37% YoY--
OPM15.0%
NPM--
PAT
-36% YoY▼81 Cr
EPS
--▼7.1

Jun 2026

22 Jul
Rev
▼924 Cr
+53% YoY--
OPM19.0%
NPM--
PAT
+34% YoY▼119 Cr
EPS
--▼11.1

Mar 2026

16 Apr
Rev
▲1.1K Cr
+131% YoY+29% QoQ
OPM19.0%
NPM14.2%
PAT
+61% YoY▲156 Cr
EPS
+66% YoY▲14.9

Dec 2025

14 Jan
Rev
▲851 Cr
+136% YoY+10% QoQ
OPM19.0%
NPM14.1%
PAT
+125% YoY▲120 Cr
EPS
+125% YoY▲11.5

Sep 2025

PDF
Rev
▲775 Cr
+48% YoY+29% QoQ
OPM20.0%
NPM15.0%
PAT
+117% YoY▲116 Cr
EPS
+117% YoY▲11.2

Jun 2025

PDF
Rev
▲603 Cr
+155% YoY+26% QoQ
OPM19.0%
NPM14.3%
PAT
+205% YoY▼86 Cr
EPS
+205% YoY▼8.3

Mar 2025

PDF
Rev
▲477 Cr
+74% YoY+33% QoQ
OPM27.0%
NPM19.7%
PAT
+89% YoY▲94 Cr
EPS
+83% YoY▲9.0

Dec 2024

PDF
Rev
▼360 Cr
+11% YoY-31% QoQ
OPM20.0%
NPM14.7%
PAT
-17% YoY▼53 Cr
EPS
-17% YoY▼5.1

Sep 2024

PDF
Rev
▲524 Cr
+250% YoY+122% QoQ
OPM14.0%
NPM10.3%
PAT
+160% YoY▲54 Cr
EPS
+160% YoY▲5.1

Jun 2024

PDF
Rev
▼236 Cr
+83% YoY-14% QoQ
OPM17.0%
NPM11.9%
PAT
+210% YoY▼28 Cr
EPS
+209% YoY▼2.7

Mar 2024

PDF
Rev
▼273 Cr
+344% YoY-16% QoQ
OPM28.0%
NPM18.7%
PAT
+318% YoY▼51 Cr
EPS
+318% YoY▼4.9

Dec 2023

PDF
Rev
▲324 Cr
+339% YoY+116% QoQ
OPM27.0%
NPM19.8%
PAT
+156% YoY▲64 Cr
EPS
+156% YoY▲6.2

Sep 2023

PDF
Rev
▲150 Cr
+24% YoY+16% QoQ
OPM20.0%
NPM14.0%
PAT
+154% YoY▲21 Cr
EPS
--▲2.0

Jun 2023

PDF
Rev
▲129 Cr
+36% YoY+111% QoQ
OPM10.0%
NPM7.0%
PAT
-9% YoY▼9 Cr
EPS
--▼0.9

Mar 2023

Rev
▼61 Cr
-20% YoY-18% QoQ
OPM36.0%
NPM19.7%
PAT
+82% YoY▼12 Cr
EPS
--▼1.2

Dec 2022

Rev
74 Cr
----
OPM48.0%
NPM33.8%
PAT
+9928% YoY25 Cr
EPS
--2.4

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.16
Interest Coverage37.4x
Promoter Pledge0.0%
Borrowings146 Cr

Efficiency

Receivable Days128 days
Inventory Days16 days
Payable Days108 days
Cash Conversion cycle37 days

Cash Position

Operating Cash Flow287 Cr
Investing Cash Flow-264 Cr
Financing Cash Flow23 Cr
Free Cash Flow164 Cr

Detailed Financials

Sep 2026PDF ↗
Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023
Dec 2022
Sales1,0589241,1028517756034773605242362733241501296174
Expenses8987518966926174863502884531951982361191163938
Operating Profit160173207159158118126727241758831132236
Other Income9565451433201100
Interest371033444343402121
Depreciation27622222222222111
Profit Before Tax105163208158157117121716939728628122034
Tax %23.0%27.0%25.0%24.0%26.0%26.0%23.0%24.0%23.0%28.0%29.0%26.0%25.0%27.0%37.0%27.0%
Net Profit81119156120116869453542851642191225
Exceptional Items000000-4000000000
EPS (Rs)7.111.114.911.511.28.39.05.15.12.74.96.22.00.91.22.4
Sales Growth (YoY)36.5%53.2%131.3%136.2%47.7%155.2%74.4%11.2%249.5%83.3%344.5%338.8%24.5%36.0%-20.0%--
Sales Growth (QoQ)----29.5%9.8%28.5%26.4%32.5%-31.3%122.0%-13.6%-15.7%116.0%16.3%111.5%-17.6%--
OP Growth (YoY)1.3%46.6%64.3%120.8%119.4%187.8%68.0%-18.2%132.3%215.4%240.9%144.4%--------
OP Growth (QoQ)-7.5%-16.4%30.2%0.6%33.9%-6.3%75.0%0.0%75.6%-45.3%-14.8%183.9%138.5%-40.9%-38.9%--
Profit Growth (YoY)-36.0%34.0%61.0%125.0%117.0%205.0%89.0%-17.0%160.0%210.0%318.0%156.0%154.0%-9.0%82.0%9928.0%
EPS Growth (YoY)----65.9%124.6%117.1%204.8%82.6%-16.9%159.6%209.1%317.8%156.0%--------
EPS Growth (QoQ)----29.6%3.2%34.6%-7.9%75.4%-0.2%89.0%-44.8%-20.1%211.6%125.0%-25.4%-51.0%--
OP Margin----18.8%18.7%20.4%19.6%26.4%20.0%13.7%17.4%27.5%27.2%20.7%10.1%36.1%48.6%
Net Margin----14.2%14.1%15.0%14.3%19.7%14.7%10.3%11.9%18.7%19.8%14.0%7.0%19.7%33.8%
Material Cost %76.0%78.0%79.0%79.0%76.0%78.0%70.0%77.0%84.0%78.0%70.0%71.0%76.0%86.0%57.0%46.0%
Employee Cost %3.0%2.0%1.0%2.0%2.0%2.0%2.0%2.0%1.0%3.0%2.0%1.0%3.0%2.0%4.0%4.0%
P/S1.912.363.194.09------------------------
P/E16.1116.9622.2026.53------------------------
P/B6.719.2311.3916.81------------------------

Shareholding Pattern

Shareholders:3.1L (+2688.8%)
Current MixDec 2025

Exchange Filings

50
Company Update21 Oct 2026

Please find attached herewith Audio Recording for the Earnings Call held on 21st October 2026

Company Update20 Oct 2026

Please find attached herewith Newspaper Publication for the Un-audited Financial Results for the quarter and half year ended 30th September 2026

Company Update19 Oct 2026

Please find attached herewith revised press release for quarter and half year ended 30th September 2026

Company Update19 Oct 2026

Please find attached herewith Investor Presentation for the quarter and half year ended 30th September 2026

Company Update19 Oct 2026

Please find attached herewith press release for quarter and half year ended 30th September 2026

Result19 Oct 2026

Please find attached herewith Financial Result for quarter and half year ended 30th September 2026

Board Meeting19 Oct 2026

Please find attached herewith Outcome of Board meeting held on 19th October 2026

Company Update15 Oct 2026

Please find attached herewith Intimation of Investor Call scheduled to be held on 21st October 2026 at 04:00 P.M.

Company Update15 Oct 2026

Please find attached herewith intimation on update of Award received to the Company

Board Meeting14 Oct 2026

Waaree Renewable Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/10/2026 ,inter alia, to consider and approve Please find attached ....

Company Update08 Oct 2026

Please find attached herewith disclosure for Order awarded to the Company

Company Update05 Oct 2026

Please find attached herewith disclosure for Regulation 74(5) of DP regulations for quarter ended 30.09.2026

Insider Trading / SAST30 Sept 2026

Please find attached herewith intimation of trading window closure.

AGM/EGM23 Sept 2026

Please find attached herewith Outcome of AGM held on 23rd September 2026

Company Update21 Sept 2026

Please find attached herewith Intimation of Investor Meet to be held on 24th September 2026 at 11:00 a.m.

Company Update16 Sept 2026

Please find attached herewith Intimation of Investor Meet

Company Update14 Sept 2026

Please find attached herewith disclosure of Incorporation of Step Down Wholly Owned Subsidiary

Company Update12 Sept 2026

Please find attached herewith information for Incorporation of Step Down Wholly Owned Subsidiary

Company Update01 Sept 2026

Please find attached herewith Newspaper Publication for 27th Annual General Meeting

Company Update31 Aug 2026

Please find attached herewith letter sent to shareholders whose email id is not registered

Others31 Aug 2026

Please find attached herewith BRSR for FY 2025-26

Others31 Aug 2026

Please find attached herewith Annual Report for 2025-26

AGM/EGM31 Aug 2026

Please find attached herewith Notice of 27th Annual General Meeting

Company Update28 Aug 2026

Received LOA of EPC work for 291 MWp Solar PV & 280 MWh BESS.

Company Update28 Aug 2026

Please find attached herewith Newspaper Publication

AGM/EGM27 Aug 2026

Please find attached herewith AGM date approved in Board Meeting held on 27th August 2026

Company Update27 Aug 2026

Please find attached herewith disclosure for sale of wholly owned Subsidiary of the Company

Others27 Aug 2026

Please find attached herewith Outcome of Board Meeting held on 27th August 2026

Company Update17 Aug 2026

Please find attached herewith Intimation of Investor Call to be held on 20th August 2026 at 02:00 p.m.

Company Update10 Aug 2026

Received LOA of EPC works of 124MWp.

Company Update27 Jul 2026

Please find attached intimation of Signing of Early Contractor Agreement

Company Update26 Jul 2026

Two ground mounted Solar PV plants with aggregating capacity of 800 MWac/1082 MWp

Company Update24 Jul 2026

Please find attached herewith Newspaper Publication for the un-audited financial results for the quarter ended 30th June 2026

Company Update23 Jul 2026

Please find attached Outcome of earnings call

Result22 Jul 2026

Please find attached herewith Financial Results for the quarter ended 30th June 2026

Company Update22 Jul 2026

Please find attached herewith press release

Company Update22 Jul 2026

Please find attached herewith Investor Presentation

Board Meeting22 Jul 2026

Please find attached herewith outcome of Board meeting

Board Meeting18 Jul 2026

Waaree Renewable Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/07/2026 ,inter alia, to consider and approve Un-Audited Financial ....

Company Update10 Jul 2026

Please find attached herewith Rating letter received from India Rating

Company Update02 Jul 2026

Please find attached herewith Intimation of Regulation 74(5) of DP Regulations for the quarter ended 30th June 2026.

Insider Trading / SAST30 Jun 2026

Please find attached herewith Intimation of Trading Window Closure for the quarter ending June 30, 2026.

Company Update18 Jun 2026

Please find attached herewith intimation of completion of acquisition of Associated Power Structures Private Limited

Company Update17 Jun 2026

With reference to our earlier intimation dated February 20, 2024 and November 10, 2025, we are please to inform you that the Company has received enhancement to existing scope.

Company Update15 Jun 2026

In continuation of our intimation dated 26th January 2026 and 07th May 2026, regarding acquisition of Associated Power Structures Private Limited, please find attached updated on the same.

Company Update08 Jun 2026

Please find attached herewith Schedule of Analyst meet

Company Update08 Jun 2026

Please find attached herewith Letter of Award received from Wholly Owned Subsidiary Company

Company Update30 May 2026

Please find attached herewith Annual Secretarial Compliance Report for 31.03.2026

Company Update19 May 2026

Please find attached herewith Intimation of Investor meet

Company Update18 May 2026

Please find attached herewith Letter of Award received by the Company

Annual Reports

13

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

Credit Ratings

5
careRating update
21 Mar 2025Report
careRating update
24 Oct 2024Report
careRating update
10 May 2024Report
careRating update
fitchRating update

Concalls

18

Apr 2026

30 Apr 2026

Jan 2026

31 Jan 2026

Oct 2025

31 Oct 2025

Jul 2025

31 Jul 2025

Apr 2025

30 Apr 2025

Jan 2025

31 Jan 2025

Nov 2024

30 Nov 2024

Aug 2024

31 Aug 2024

Aug 2024

31 Aug 2024

Jul 2024

31 Jul 2024

May 2024

31 May 2024

Feb 2024

29 Feb 2024

Nov 2023

30 Nov 2023

Aug 2023

31 Aug 2023

Jun 2023

30 Jun 2023

Feb 2023

28 Feb 2023

Feb 2022

28 Feb 2022

Nov 2014

30 Nov 2014

Held by ETFs

1 ETFs hold waareertl · sorted by weight

#ETFWeight %
1

AONETOTAL

AONEAMC - AONETOTAL

0.01%

Held by Mutual Funds

5 schemes hold waareertl · sorted by weight

#SchemeWeight %
1

Motilal Oswal BSE Clean Environment Index Fund

Motilal Oswal Mutual Fund

0.69%
2

Motilal Oswal Nifty Microcap 250 Index Fund

Motilal Oswal Mutual Fund

0.29%
3

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.01%
4

Groww Nifty Total Market Index Fund

Groww Mutual Fund

0.01%
5

Bandhan Nifty Total Market Index Fund

Bandhan Mutual Fund

0.01%